HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
HCL Technologies, Lemon Tree Hotels and 3i Infotech to see some action today
Jun-19-2026

HCL Technologies (HCLTech) has launched an AI Innovation Zone in Chennai to enable enterprises to innovate and operationalize Intel-based AI products and HCLTech AI solutions, accelerating the transition from experimentation to production-ready, cost-efficient AI deployments. Featuring enterprise AI solutions powered by Intel Xeon 6 processors with integrated Intel Advanced Matrix Extensions (Intel AMX) and Intel CoreTM Ultra, the AI Innovation Zone underscores HCLTech and Intel’s shared commitment to enabling broad AI adoption via an integrated AI Factory, with a focus on scalable and economical AI deployment. 

Lemon Tree Hotels has simultaneously signed two new properties in Maharashtra: Lemon Tree Resort, Tadgaon and Lemon Tree Resort, Igatpuri. With these additions, the Company will have 32 properties in the State with 15 operational and 17 in pipeline, including the two new signings. Both the properties will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. This double signing underscores the group's focus on high-potential micro-markets that are rapidly emerging as preferred drive-to locations for leisure and corporate travel from major urban hubs like Mumbai, Navi Mumbai, Thane, and Pune. 

3i Infotech has received a Purchase Order from National Commodity & Derivatives Exchange (NCDEX) for renewal of Managed Services, onsite Facility Management Services (FMS), and Asset Management services for 3 years. The engagement involves providing infrastructure management services, onsite FMS support, endpoint support, asset management, data centre operations, disaster recovery operations, server administration, database administration, network security administration, network administration, and end-user support services.

TruAlt Bioenergy has received approval for financial assistance of Rs 150 crore under the Government of India's PM JI-VAN Yojana (Jaiv Indhan–Vatavaran Anukool Fasal Awashesh Nivaran) for its proposed commercial-scale Sustainable Aviation Fuel (SAF) project. The approved financial assistance of Rs 150 crore is expected to incentivise approximately 7-10% of the project's capital expenditure, thereby enhancing project viability and supporting the accelerated development of domestic Sustainable Aviation Fuel production capacity in India.

MSP Steel and Power has entered into a Power Purchase Agreement (PPA) with Elevate Solar Energy. The PPA relates to the Procurement of Solar Power facility of a contracted quantity of 10MWp (DC) of Electricity per annum at tariff rate of Rs 3.17 per unit by the company for a term of 25 years from the execution date of the agreement. 

Tiger Logistics (India) has secured a new import break bulk logistics mandate from Bharat Heavy Electricals (BHEL), one of India's largest public sector engineering and manufacturing enterprises. The project involves movement of 13 over-dimensional cargo units (each weighing 89 MT) from Italy to India and carries a total value of approximately Rs crore, including handling charges. As part of projects allocated by BHEL in the last financial year, the company currently has Several orders under execution, while 28 machine components have already been successfully delivered in accordance with project specifications and timelines. 

Hiliks Technologies has secured subcontract order worth around Rs 95.51 crore from KMC Constructions. The order is for Signaling and Telecommunication works in connection with Doubling of Track between Akanapet Jn. & Medchal Stations including implementation of Kavach in South Central Railway in the State of Telangana. The order is to be executed within 24 months.

  RELATED NEWS >>